Boot Barn (NYSE:BOOT) Updates Q1 2026 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.440-1.520 for the period, compared to the consensus estimate of 1.440. The company issued revenue guidance of $483.0 million-$491.0 million, compared to the consensus revenue estimate of $486.1 million. Boot Barn also updated its FY 2026 guidance to 5.500-6.400 EPS.

Analyst Ratings Changes

Several research analysts have recently issued reports on BOOT shares. Robert W. Baird decreased their price objective on shares of Boot Barn from $133.00 to $120.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. Bank of America increased their price target on Boot Barn from $187.00 to $192.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. JPMorgan Chase & Co. boosted their price objective on Boot Barn from $200.00 to $209.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. UBS Group cut their price objective on Boot Barn from $210.00 to $200.00 and set a “buy” rating for the company in a report on Monday, February 3rd. Finally, KeyCorp lowered their target price on Boot Barn from $190.00 to $165.00 and set an “overweight” rating on the stock in a report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.85.

Boot Barn Stock Up 0.0%

NYSE:BOOT opened at $135.15 on Thursday. Boot Barn has a 1-year low of $86.17 and a 1-year high of $176.64. The stock has a fifty day simple moving average of $104.90 and a 200 day simple moving average of $129.88. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 1.17 and a beta of 1.59.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $1.22 EPS for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.02). Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. The firm had revenue of $453.75 million during the quarter, compared to analyst estimates of $458.56 million. Equities analysts predict that Boot Barn will post 5.82 earnings per share for the current year.

Boot Barn declared that its Board of Directors has authorized a share repurchase plan on Wednesday, May 14th that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to buy up to 4.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

Boot Barn Company Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.